NDIC pays N1.08bn to depositors of failed banks
The Managing Director of the Nigeria Deposit Insurance Corporation, Mr Bello Hassan, said it has paid about N1.08bn to 29,573 depositors
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The Managing Director of the Nigeria Deposit Insurance Corporation, Mr Bello Hassan, said it has paid about N1.08bn to 29,573 depositors
Nigeria Deposit Insurance Corporation has revealed that depositors of failed microfinance, payment banks have received over N1 trillion from the funds recovered.
By Tony Obiechina, Abuja The Managing Director of the Nigeria Deposit Insurance Corporation, Mr Bello Hassan, says it has paid about N1.08bn to 29,573 depositors of the recently closed Microfinance Banks and Primary Mortgage Banks. He disclosed this at the 18th Abuja International Trade Fair on Thursday. While noting that payment was still ongoing, he